The bonuses may have been big an growing in the past couple of years, but 2023 looks tougher with Big Law scaling back the bonuses as Baker McKenzie kicks off the bonus season with the first, publicly declared bonuses. Baker McKenzie has agreed to pay its US associates end-of-year bonuses of up to $115,000 depending on […]
Has The Big Law Bonus Boom Ended, As Firms Ease Up On Payments Read More »
Putting the 2022 LawFuel Power List together revealed some of the challenges and developments occurring with New Zealand law firms, apart from the impressive array of legal candidates who stand ready to occupy the Power List ranks. A range of firms in the mid sector, as well as the boutiques, continue to perform high level
The Challenges & Changing Face Of New Zealand Law Firms Read More »
The Special Prosecutor appointed to oversee the investigation into Donald Trump has a background of prosecuting ‘sensitive’ issues ranging from corruption to genocide. Now he has Donald Trump. Smith is to be in charge of supervising the criminal investigation into whether or not an individual or entity interfered with the transfer of power after the
The US News & World Report college rankings that have been so long-favored by so many schools and their students alike is losing two of the country’s most prestigious law schools, who say that the methodology and the values of the system is “profoundly flawed”. “The U.S. News rankings are profoundly flawed — they disincentivize programs that
Why Yale and Harvard Wave Goodbye to US Law School Rankings Read More »
A new report indicates tougher times ahead for law firms as they take a gloomy approach to looming recession and declining M&A activity. The report from Thomson Reuters showed that the Thomson Reuters’ Law Firm Financial Index (LFFI) remained at its all-time lowest score, exacerbating concerns for how 2022 will end in the third quarter.
In a major deal for the US Attorney’s office they have seized “an historic” $3.36 billion in cryptocurrency from a man who had obtained more than 50,000 bitcoin from the dark web market Silk Road over a decade ago. The statement from the US Attorney for the Southern District of New York (published below) says
US Attorney Announces $3.36 Billion Cryptocurrency ‘Dark Web’ Seizure Read More »
Lawyers made major money from the purchase of Twitter by Elon Musk – as much as $100 million in legal fees for the on-and-off again deal – but it was the social platform’s top lawyer who has made the most, leaving the room with up to $12 million, as well as earning $17 million a
Why Twitter Owner Elon Musk Fired This Rich In-House Lawyer Read More »
Work-Life balance issues have long dominated discussion about Big Law work, but now a legal leader has landed a heavyweight document to counter the issue by providing better life for its lawyers – but at some cost, too. Slaughter & May have decided to relieve their lawyers from checking emails in the hours between 10
Measuring success with big law firms usually comes down to running the rule over their profits per equity partner (PEP) and other such calculations. But success today is more than just great PEP. The Financial Times have done the sums on Big Law success factors which largely involves the culture and values of the law
What Makes A Big Law Firm Successful . . And Why Is THIS Firm A Standout? Read More »
The Law movies you don’t want to miss “A good lawyer makes you believe the truth, but a great lawyer makes you believe in the lie!” This is the basic disposition associated with lawyers and when it comes to law movies made this century we have the list. They weren\’t all academy award winners or
